This is something I can answer as I've been involved in deal funding. The lenders when they hand out their money they want to know how will it be repaid. at the moment with no BFS with no financier nailed down to build the plant it's all pie in the sky stuff. Banks don't lend on hope no matter how good the fundamentals are. If you did find a lender to play then they will be no different. They will ask for shares as well plus a crazy fee on top of their repayments on an annual basis.
AUZ have one thing in the corner that no one else has. It is called SKI. Once AUZ tick all the boxes and move into production they will have lenders lining up.
If you are an investor then none of this noise should concern you. If you are gambling for short term gain, then yes I understand your concern of the share price.
My thoughts. Each to their own.
This is something I can answer as I've been involved in deal...
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.58M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $13.73K | 1.528M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 7636857 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1734242 | 8 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |